Solopreneurs and independent contractors may have already received IRS Form 1099 from clients who were invoiced $600 or more in tax year 2020. As you may have...
Tag - tax season
Our friends over at Napkin Finance are giving us the breakdown today in our latest Best of the Web: How do tax deductions work? “What is a tax deduction...
You’re not in Kansas anymore, Dorothy! Just like lions, tigers and bears, S Corporations, Reasonable Compensation and the IRS are real. Avoid a nightmare.
Lo and behold it's the fourth quarter and time for you to begin your year-end tax planning. If you have an accountant or bookkeeper, pick up the phone and make...
Here are seven basic tax tips to help those that have been bitten by the entrepreneurial spirit to understand their tax compliance requirements.
Can I deduct time spent volunteering? Can I deduct time donated to charity? Find out what is possible when it comes to deductions.